Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $9,197 per ton in 2022, dropping by -8.2% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; ground, powdered or in the form of pellets; lupulin increased by +88.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the peak figure at $10,024 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($14,437 per ton), while the price for Germany stood at $9,220 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $16,411 per ton, picking up by 502% against the previous year. Overall, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Kenya.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +0.6% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania
In 2022, approx. 198 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Tanzania; increasing by 69% on the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin surged to $1.8M in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 492 | 450 | 360 | 1,767 | 53.1% |
| South Africa | 62.5 | 76.6 | 71.2 | 45.3 | -10.2% |
| China | 2.1 | 2.6 | 2.0 | 6.4 | 45.0% |
| Belgium | 52.4 | 64.7 | 49.1 | N/A | -3.2% |
| United States | 32.1 | 37.4 | 26.8 | N/A | -8.6% |
| Others | 511 | 335 | 662 | 0.5 | -90.1% |
| Total | 1,153 | 967 | 1,171 | 1,819 | 16.4% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Tanzania in 2022:
- Germany (191.7 tons)
- South Africa (3.1 tons)
- China (2.6 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania
In 2022, exports of hop cones; ground, powdered or in the form of pellets; lupulin from Tanzania soared to 3 tons, with an increase of 122% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $49K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | N/A | N/A | 49.2 | 0% |
| Malawi | 0.9 | 0.5 | 0.8 | N/A | -5.7% |
| Uganda | 2.1 | 14.6 | 2.9 | N/A | 17.5% |
| Zambia | 20.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.5 | 15.1 | 3.7 | 49.2 | 27.9% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Tanzania in 2022:
- Kenya (3.0 tons)
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